Global Payments

Globalization is driving corporations to transact more frequently across borders. Consumers are also transacting more on a global basis—buying from foreign eCommerce sites as well as traveling, living, and working abroad. For the payments industry, the result is higher volumes of payments—in terms of both currency value and number of transactions. This is also leading to a consequent shift downwards in the average value of these payments.

Louis Vuitton Does Cross-Border Payments, Connects To SWIFT Via FIS

Louis Vuitton Does Cross-Border Payments, Connects To SWIFT Via FIS
Louis Vuitton Does Cross-Border Payments, Connects To SWIFT Via FIS
November 07, 2018  |  Payment Methods

FIS, a global leader in financial services technology, announced that it has connected LVMH Group to the SWIFT Global Payments Innovation (gpi). Get the Full...

READ MORE >
The High Price Of Payments — And Innovation — In Travel
The High Price Of Payments — And Innovation — In Travel
November 06, 2018  |  Travel Payments

It’s that time of the year: crowded airports, missed connections, maybe the surprise of an upgrade (to stretch out those legs after sitting all day...

READ MORE >
Santander Launches Enterprise Payment Link
Santander Launches Enterprise Payment Link
November 06, 2018  |  B2B Payments

Santander Bank is rolling out a new corporate payments solution aimed at supporting visibility into business transactions via wire, ACH and check. The bank debuted...

READ MORE >
Africa’s Internet-Connected Population Provides Opportunity For Mobile Money
Africa’s Internet-Connected Population Provides Opportunity For Mobile Money
November 05, 2018  |  International

In many parts of sub-Saharan Africa, almost 90 percent of all payments and transactions are based on cash. But there is a large opportunity to...

READ MORE >
Faster Payments, Real-Time Payments And A Few Glitches
Faster Payments, Real-Time Payments And A Few Glitches
November 01, 2018  |  Faster Payments

Speed matters in payments, and as B2B moves away from checks, some recent infrastructure initiatives and announcements show traction in Europe and Asia.  However, as...

READ MORE >
Klarna Integrates Sofort With Shopify Payments; Japan Mulls QR Code Standard For Transit
Klarna Integrates Sofort With Shopify Payments; Japan Mulls QR Code Standard For Transit
October 30, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Klarna’s integration with Shopify for payments to German merchants....

READ MORE >
Adyen Expands Into Canada, Adds Adidas As Client
Adyen Expands Into Canada, Adds Adidas As Client
October 30, 2018  |  International

Adyen, the payments platform company, announced Tuesday (Oct. 30) that it has expanded into Canada and landed four new customers. Get the Full Story Complete...

READ MORE >
Late Payments A Growing Problem In Western Europe
Late Payments A Growing Problem In Western Europe
October 30, 2018  |  B2B Payments

Late payments, as tracked by Atradius, are a growing problem across Western Europe, and insufficient availability of funds remains the culprit. Elsewhere, studies show that Slovakia...

READ MORE >
India-Japan Currency Swap Designed To Stabilize Rupee
India-Japan Currency Swap Designed To Stabilize Rupee
October 29, 2018  |  International

Hoping to stabilize the rupee, India has agreed to a $75 billion currency swap with Japan, according to reports on Monday (Oct. 29). Get the...

READ MORE >